Openwave will probably find a buyer at a decent price. Dave’s bad, but he doesn’t completely destroy companies; there should still be some value there.

I don’t know much about the details, but I’ll say this — anybody who wants to oust Dave Peterschmidt from a CEO job is probably on the right track. He’s the guy who ran Sybase into the ground, he didn’t have much of a resume before he got the opportunity to do that, and he hasn’t had very good results subsequently either.

If they can find a way to dump Peterschmidt while keeping Jerry Held, who’s the other management-slate board member up for reelection, so much the better. The Harbinger link above suggests that they’ve already had the same idea.

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